Investment Accounting Associate

KKR

$90K — $140K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting, finance, or related field (CPA or progress toward CPA preferred)
  • 4-6 years of relevant experience in investment accounting, public accounting, or financial reporting
  • Strong understanding of U.S. GAAP; investment accounting knowledge preferred
  • Experience with investment products like fixed income or alternatives is a plus
  • Proficiency in Excel and familiarity with financial systems
  • Demonstrated analytical skills and strong attention to detail
  • Strong communication and collaboration skills, with cross-functional teamwork experience

Responsibilities

  • Support GAAP accounting and reporting for a diverse investment portfolio
  • Coordinate and process CECL allowance for fixed maturity securities
  • Assist with quarterly and annual close processes, contributing to 10-Q and 10-K filings
  • Analyze investment activity including income recognition and valuation changes
  • Partner with internal teams to resolve accounting and reporting matters
  • Prepare schedules to support external audits and respond to auditor inquiries
  • Contribute to process improvements and internal control enhancements

Benefits

  • Opportunity to build technical accounting expertise in a collaborative environment
  • Exposure to complex investment structures and diverse asset types
  • Involvement in both quarterly and annual reporting processes
  • Ability to work on automation initiatives and process improvements
  • Hybrid work model with a focus on work-life balance
Full Job Description
TEAM OVERVIEW

KKR Insurance's Investment Accounting GAAP Investment Controllership team is responsible for the accounting and reporting of investment-related disclosures across KKR's insurance platforms. The team supports external reporting requirements, including KKR's Form 10-Q and 10-K filings, Global Atlantic standalone GAAP financial statements, and reporting for offshore entities.

The GAAP Investment Controllership team ensures that all investment activity is accurately reflected in accordance with U.S. GAAP standards. This includes oversight of income recognition, impairments, and classification across a diverse portfolio of assets such as fixed income securities, loans, equity securities and alternative investments.

POSITION SUMMARY

KKR Insurance is seeking an Associate to join the GAAP Investment Controllership team. This role will support the accounting and reporting of investment activity and contribute to the preparation of financial statements across multiple entities.

The Associate will be responsible for key aspects of the accounting close and reporting processes, including income analysis, CECL allowance processing, reconciliations, and supporting schedules. This position offers exposure to complex investment structures and provides the opportunity to build technical accounting expertise while working in a fast-paced, collaborative environment.

RESPONSIBILITIES
  • Support GAAP accounting and reporting for a diverse investment portfolio across multiple legal entities
  • Coordinate, prepare and process CECL allowance for fixed maturity securities
  • Assist with quarterly and annual close processes, including contributions to 10-Q and 10-K filings
  • Analyze investment activity, including income recognition, valuation changes, and classifications
  • Partner with internal teams (investments, operations, finance) to resolve accounting and reporting matters
  • Support external audits by preparing schedules and responding to auditor inquiries
  • Contribute to process improvements, automation initiatives, and internal control enhancements
  • Assist with ad hoc reporting requests

QUALIFICATIONS
  • Bachelor's degree in accounting, finance, or a related field (CPA or progress toward CPA preferred)
  • 4-6 years of relevant experience in investment accounting, public accounting, or financial reporting
  • Strong understanding of U.S. GAAP; familiarity with investment accounting concepts is preferred
  • Experience working with investment products such as fixed income, structured products, or alternatives is a plus
  • Proficiency in Excel and familiarity with financial systems (e.g., general ledger platforms, data tools)
  • Demonstrated analytical skills and strong attention to detail
  • Ability to manage multiple priorities and meet deadlines in a fast-paced environment
  • Strong communication and collaboration skills, with the ability to work cross-functionally
  • Experience with or exposure to data analytics, automation, or artificial intelligence (AI) tools (e.g., using AI for data analysis, process efficiency, or financial reporting support)


#LI-HYBRID

This is the expected annual base salary range for this Boston-based position. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.

Base Salary Range

$90,000-$140,000 USD

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